Pidilite Industries Explained

Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai.^[4] The company is the leading adhesives manufacturer in India.^[5] Pidilite also manufactures products in verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals.^[6]

Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, FeviGum, Dr. Fixit, Roff, Cyclo, Ranipal, Hobby Ideas, M-seal, and Acron. It also markets and manufactures WD-40 in India.^[7]

The company has manufacturing facilities across India including in Mahad (Maharashtra), Vapi (Gujarat), Baddi and Kala Amb (both in Himachal Pradesh).

History

The company was founded in 1959.^{[8] [9]}

In 2015, Pidilite acquired a 70% majority stake in Nina Waterproofing Systems for .^[10]

In 2018, Pidilite acquired a 70% stake in CIPY Polyurethanes for .^[11]

In 2020, Pidilite acquired Huntsman Corporation's Indian subsidiary for to strengthen their retail adhesives and sealants portfolio.^[12]

In 2022, Pidilite Industries partnered with 100x.VC.^[13]

External links

• • Official website for Industrial Products

Notes and References

1. Web site: Madhukar Parekh & family . Forbes . 4 October 2018 . en.
2. Web site: Q4 & FY 24 Earnings Presentation . Pidilite . 22 May 2024.
3. Web site: Pidilite Industries Ltd. Financial Statements . moneycontrol.com.
4. Web site: Pidilite Website. 2017-09-02.
5. News: Somvanshi . Kiran Kabtta . 1 December 2018 . Pidilite: Glued firmly to the growth path . The Economic Times . 2022-05-08.
6. Web site: Salil Dalal, COO - Emerging India, Pidilite Industries Ltd. www.bloomberg.com.
7. Web site: Kunal Kumar . Pidilite launches first of its kind Heat Reducing Exterior Coating . Indiaprwire.com . 2010-07-16 . https://web.archive.org/web/20100415212135/http://www.indiaprwire.com/pressrelease/chemical/200805169584.htm . 15 April 2010 . dead .
8. Web site: About Pidilite Industries company . BusinessWeek . 2010-09-28 . https://web.archive.org/web/20121003103602/http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=878761 . 3 October 2012 . dead . dmy-all .
9. Web site: Pidilite Industries Ltd . Bloomberg.com . October 26, 2021.
10. News: Pidilite to invest up to Rs 100 cr in Nina Waterproofing . 14 February 2023 . The Economic Times . 30 March 2015.
11. News: Pidilite Industries to acquire stake in CIPY Polyurethanes . 14 February 2023 . The Times of India . 5 January 2018.
12. Web site: Pidilite to acquire Huntsman unit for ₹2,100 crore . The Hindu . en-IN . 29 October 2020.
13. News: Times . Economics . 100xvc partners with Pidilite Industries .